MMOTA_

MMOTA_ Updated 

ATR range for today is low of 576.82. And a high of 586.39. Exit at first target 581.01. Runner to 583.27. Set up for max loss.

MMOTA_

583.85 open. ATR 5.26 as of now. Low could be 578.63. High could be 589.09. Looking to get long at 579 with a target of 584.

MMOTA_

Today we opened at 584.07. ATR is 5.26 as of now. High can be 589.33 with a low of 578.81. If this decides to run up in the first half I'll look to short around 588. If this falls in the first half. I'll look to get in around 579ish to the upside with a target of 585 or 586. Gotta look at price action, volume and the time of the trading hour. Lets see what happens today.

MMOTA_

Gap higher this morning. Opened at 585.91. ATR right now for the day is 5.51. Low of 580.40, high of 591.42. I'd want to see this come down to 582 before entering a long position with a target of 588.

MMOTA_ Updated 

I kind of want to see this pull back to about 583.43 or 582.51 before another push higher. ATR at 5.73. High today is about 589.96 and low of today is about 579.22. Could be a quite day. I'll probably want to get in a long position if it pulls back.

MMOTA_ Updated 

584.50 is my target. The range is set. Set up for max loss. Trade is live.

MMOTA_ Updated 

Today we opened at 576.05. Today, ATR will be from 570.51 to 581.59. With a high base break out, need to stay bullish regardless of bias. The target for today will be 581. Trade is live.

MMOTA_ Updated 

Today, we opened at 575.77 with a current ATR of 5.80. The range for today will be between 581.57 to 569.97. VIX at 21. Let's see if it wants to continue higher to test 581. I think it may just base here. But if it does climb up to 580 or 581 ill look at price action there and see if I enter a short position. If we come down to 569ish, I look to get into the...

MMOTA_

After yesterday's bullish day, I'm going to sit back today and see what happens. SPY opened up at 573.16 today with a current ATR of 5.72. The upside can go to 578.88, and the downside is 567.44. Still, overall, really just basing here, but it feels like it's losing steam. Can we see 580? Yeah, it's high probability and much more likely. If this does run up to...

MMOTA_ Updated 

The market opened up at 570.42 today with an ATR of 6.03. We could climb up to 576.45 and down to about 564.39. On the 15-minute chart, we have a gap that we can fill at around 572.80. That was right around the high on Oct. 4th. I have the 569 strike and looking for this to fill the gap at around 567.80 by the end of today. I set up for max loss, so if this...

MMOTA_ Updated 

BEAR RALLY SET UP I've had MKC on my watchlist for about a week now. ON January 18th, the 20 day crossed the 50 day and made a new swing low on January 20th. Since then, it had a small bear rally back to prior support resistance of 79.09ish which it hit on the 24th. On the 25th, it traded below the previous day's low, however I waited one more day because I...

MMOTA_ Updated 

Bear Rally Set Up: I've had BAH on my watchlist since the swing low it made on January the 20th. So I set an alert at 96.84 which was around the area of where it closed on January 9th. I wanted to see if this would run back up with lower or equal volume to test at least the 20-day again. With yesterday's candle and it trading below yesterday's low, it triggered...

MMOTA_ Updated 

BULL PULLBACK SETUP: Uber made a new swing high February 8th. Since then, it's been pulling back with lower or equal volume and the price action from yesterday triggered me to get in today. I'm going to give this a couple weeks just incase this wants to pull back some more. I'm set up for max loss risking a little under 2% of my portfolio. My target of 38 was...

MMOTA_ Updated 

So I'm thinking we continue in this downward channel for the next couple weeks. So if that's the case I went with a 394 target. If it gets to my target before the 28th, I'll take half off. Come expiration date if this is at or below 394 I'll close out the entire combo. If we are still above 394, I'll hang on to my 400 strike and manage it.

MMOTA_ Updated 

HIGH BASE SET-UP Detailed Definition of setup and what market conditions are desirable Ok, so on January the 13th, BA made a new swing high and it's been trading above the 50-day SMA...really since about November 2nd. So as far as trend analysis goes, BA looks like it has more momentum to the upside in the coming months. Detailed Definition of the trigger...

MMOTA_ Updated 

Bear Rally: I've had WM on my watch list since it made a new swing low Friday, January 20th. The stock is also trading below a falling 50-day SMA. As I had this on my watch list, I was thinking this would be a low base set up, but evolved to a small bear rally with lower or equal volume running up to the 20 day or previous support/resistance at 154.35. The...

MMOTA_ Updated 

Bull Pull Back Set Up: Disney made a new swing high on the 9th of this month and has since then pull backed to the 20 day with lower volume. 50 day is also rising and with the candlestick we had today, it triggered my entry. Gonna give this 3 weeks to hit my target of 114. I'm thinking it's going to want to go test 113.50 again and possibly break through it....

MMOTA_ Updated 

HIGH BASE SET UP: Detailed Definition of setup and what market conditions are desirable Since October 13th Z has had some decent momentum to the upside and at the start of the new year, it had even more upside momentum until it finally started basing January 12th to the 20th with lower or equal volume. In the short term, market conditions are bullish. ...